The Far West Detroit housing market is somewhat competitive. The median sale price of a home in Far West Detroit was $125K last month, up 19.1% since last year. The median sale price per square foot in Far West Detroit is $127, up 39.3% since last year.
What is the housing market like in Far West Detroit today?
In April 2024, Far West Detroit home prices were up 19.1% compared to last year, selling for a median price of $125K. On average, homes in Far West Detroit sell after 23 days on the market compared to 71 days last year. There were 11 homes sold in April this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$125,000
+19.1% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Far West Detroit, MI
$125,000
+19.1%
United States
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How hot is the Far West Detroit housing market?
Far West Detroit is somewhat competitive. Homes sell in 22.5 days.
0
100
40
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 23 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Far West Detroit housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Far West Detroit.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Far West Detroit has a minor risk of flooding. 18 properties in Far West Detroit are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Far West Detroit. Flood risk is increasing faster than the national average.
Far West Detroit has minimal risk of severe winds over the next 30 years
Wind Factor
Far West Detroit has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
98% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Far West Detroit has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Far West Detroit have a Moderate Heat Factor®.
Far West Detroit is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Far West Detroit is expected to experience 7